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20121005
20121005
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of people in the low interest rate environment, investors are looking and buying up a lot of these homes, looking at that as a way to get yield in here. so not only is it helping stock, it's helping the housing market and that's that wealth effect people are talking about. these are the two areas bernanke knows are vital to how people feel and the confidence factor. >> but this is cart before the horse economics. the stock market is supposed to go up because the economy is going up. and when you push the stock market up artificially and hope the economy will come behind it, i think that's very dangerous. i'm very uncomfortable where that. i liked the stock market more before i saw the fed in there as a cheerleader. when the fed's doing something you kind of have to look at the other side of risk and now i'm getting worried that the fed is doing this. >> you could careless why it's going up. >> from a valuation standpoint, we're certainly getting ac litte stretched. 14 1450 was our number and we're essentially there. you look at the economy, housing is certainly working. autos is search w
Search Results 0 to 0 of about 1